Bank of Montreal Portfolio holdings
Bank of Montreal (BMO), established in 1817 as Canada’s first chartered bank and headquartered in Montreal, Quebec (with key operations in Toronto), is a major North American financial institution offering personal and commercial banking, wealth management, and capital markets services. Managing hundreds of billions in assets, BMO serves over 13 million customers, with a strong U.S. presence through BMO Harris Bank, bolstered by its 1984 acquisition of Harris Bank and the 2022 purchase of Bank of the West, expanding its footprint to 32 states. Known for its longevity and stability, BMO has paid dividends since 1829, one of the longest streaks globally, and emphasizes digital innovation and sustainable finance under CEO Darryl White. With a global reach spanning North America, Europe, and Asia, BMO blends its historical roots with a modern focus on customer-centric growth.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$879M |
| 2 |
NVIDIA
NVDA
|
+$597M |
| 3 |
Tesla
TSLA
|
+$584M |
| 4 |
Amazon
AMZN
|
+$542M |
| 5 |
Apple
AAPL
|
+$534M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$1.17B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$523M |
| 3 |
Canadian Natural Resources
CNQ
|
+$488M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$425M |
| 5 |
Enbridge
ENB
|
+$412M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 23.85% |
| 2 | Consumer Discretionary | 18.53% |
| 3 | Technology | 13.69% |
| 4 | Financials | 13.26% |
| 5 | Industrials | 4.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
iShares TIPS Bond ETF
TIP
$14.7B
| $9.31M | ﹤0.01% |
86,232
-45,942
| -35% | -$4.8M |
|
1027
Vale
VALE
$58.7B
| $9.29M | ﹤0.01% |
583,094
+74,935
| +15% | +$1.07M |
|
1028
PUT
Ulta Beauty
ULTA
$22.2B
| $9.26M | ﹤0.01% |
+18,900
| New | +$7.97M |
|
1029
Invesco Senior Loan ETF
BKLN
$6.76B
| $9.25M | ﹤0.01% |
435,668
-362,845
| -45% | -$7.61M |
|
1030
Regency Centers
REG
$14.1B
| $9.25M | ﹤0.01% |
136,674
-74,911
| -35% | -$4.63M |
|
1031
CALL
Imperial Oil
IMO
$64B
| $9.2M | ﹤0.01% |
160,000
-50,000
| -24% | -$2.87M |
|
1032
Fidelity National Financial
FNF
$13.1B
| $9.19M | ﹤0.01% |
178,795
-8,951
| -5% | -$390K |
|
1033
Henry Schein
HSIC
$10B
| $9.17M | ﹤0.01% |
120,051
+22,815
| +23% | +$1.6M |
|
1034
PUT
Lucid Motors
LCID
$2.54B
| $9.17M | ﹤0.01% |
215,200
+15,160
| +8% | +$681K |
|
1035
iShare MSCI Eurozone ETF
EZU
$9.96B
| $9.11M | ﹤0.01% |
191,793
-1,140,581
| -86% | -$50.2M |
|
1036
News Corp Class A
NWSA
$15.6B
| $9.1M | ﹤0.01% |
367,560
+156,011
| +74% | +$3.39M |
|
1037
BlackLine
BL
$1.82B
| $9.09M | ﹤0.01% |
140,121
+12,327
| +10% | +$697K |
|
|
UNIT
1038
Uniti Group
UNIT
$2.38B
| $9.04M | ﹤0.01% |
1,531,365
+174,592
| +13% | +$885K |
|
1039
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $9.03M | ﹤0.01% |
173,040
-4,290
| -2% | -$212K |
|
1040
APA Corp
APA
$14B
| $9.03M | ﹤0.01% |
244,386
+43,953
| +22% | +$1.66M |
|
1041
Spotify
SPOT
$102B
| $9.02M | ﹤0.01% |
47,522
-3,129
| -6% | -$546K |
|
1042
CALL
Franco-Nevada
FNV
$44.7B
| $9M | ﹤0.01% |
+80,000
| New | +$9.73M |
|
1043
Yum China
YUMC
$16.2B
| $9M | ﹤0.01% |
211,875
-23,787
| -10% | -$1.11M |
|
1044
First Horizon
FHN
$12.3B
| $8.99M | ﹤0.01% |
626,295
+184,805
| +42% | +$2.22M |
|
1045
Coinbase
COIN
$40.6B
| $8.94M | ﹤0.01% |
47,977
+11,418
| +31% | +$1.25M |
|
|
SGI
1046
Somnigroup International
SGI
$14B
| $8.92M | ﹤0.01% |
173,642
-159,381
| -48% | -$6.76M |
|
1047
DraftKings
DKNG
$12.6B
| $8.88M | ﹤0.01% |
247,563
+210,664
| +571% | +$7.05M |
|
1048
Nu Holdings
NU
$67.3B
| $8.83M | ﹤0.01% |
1,053,485
+102,709
| +11% | +$830K |
|
1049
Wingstop
WING
$3.1B
| $8.83M | ﹤0.01% |
33,795
-110
| -0.3% | -$23.8K |
|
1050
PUT
Twilio
TWLO
$38.3B
| $8.82M | ﹤0.01% |
113,700
-3,100
| -3% | -$193K |
|
Similar funds
Bank of Montreal's Q4 2023 Portfolio in Review
As of Q4 2023, Bank of Montreal held 4,442 positions worth $330B, up 14% from $289B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Bank of Montreal's Q4 2023 filing shows 668 new, 1,596 increased, 1,270 reduced and 501 closed positions. Its largest new stake was SPDR Gold MiniShares Trust: 1,676,383 shares worth $69.1M. The largest sale was Royal Bank of Canada, an estimated $1.17B.
By sector, the portfolio is most concentrated in Communication Services at 24% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Technology.
- Bank of Montreal's largest Q4 2023 buy was SPDR Gold MiniShares Trust: 1,676,383 shares worth $69.1M.
- Bank of Montreal added most to Microsoft in Q4 2023, an estimated $879M increase.
- Bank of Montreal's biggest Q4 2023 reduction was Royal Bank of Canada, cutting an estimated $1.17B.
- Bank of Montreal fully exited Activision Blizzard in Q4 2023, selling an estimated $177M.
- Bank of Montreal's ten largest holdings make up 51% of its $330B portfolio in Q4 2023.
- Bank of Montreal opened 668 new positions and closed 501 in Q4 2023.
- Bank of Montreal's portfolio value rose 14% quarter-over-quarter to $330B.
Based on Bank of Montreal's 13F filing for Q4 2023, filed 8 Feb 2024.